As I approached the county courthouse for jury duty, my unfocused mind was in many different places, including being sincerely burdened by the state of our nation. I had filled out the eligibility questionnaire, made arrangements with my employer, and … Continue reading
Economics & Political Systems
Why Has Three Percent Economic Growth Been So Elusive?
Here is an economic riddle that has been puzzling many people: Why has economic growth in the United States remained below three percent for so long? The growth of US gross domestic product (GDP) going all the way back to … Continue reading
What is Wrong with Minneapolis?
Earlier this week during a routine arrest Minneapolis police officers knelt on George Floyd’s neck for several minutes, finally killing him. This act fits a long and too-frequent pattern of incidents where police use substantial and often lethal force for … Continue reading
COVID-19, Free Trade, and the Nation-State
Editor’s note: This article first appeared at American Greatness. The COVID-19 pandemic has served to upend many long-held policy assumptions, but none so clearly as the theory that international trade rests purely on economic incentives, and that those economic incentives … Continue reading
Why Not Thank God? Andrew Cuomo and COVID-19
I recently published a piece on Andrew Cuomo and other pro-choice Democrat governors who fight for life in their states against COVID-19. This also includes Pennsylvania’s Tom Wolf, New Jersey’s Phil Murphy, Connecticut’s Ned Lamont, Michigan’s Gretchen Whitmer, and Virginia’s … Continue reading
Gasoline Prices in the Era of COVID-19
Check out the photo. That is what I paid for gasoline last Thursday in Girard, Ohio. $1.13 for a gallon of regular is a price that I had thought I would never see again. What a bargain! And what a … Continue reading
1918: When Another Pandemic Struck Close to Home
Editor’s note: This article first appeared in the Pittsburgh Tribune-Review. In 1998, the eightieth anniversary of the Spanish Flu pandemic, I was fortunate to hear two survivors relate their indelible experiences. Marian McConkey and Lois Monahan were schoolgirls then, old … Continue reading
Medicare for All is Bad Medicine
With Senator Bernie Sanders once again emerging as a front-runner for the Democratic Party presidential nomination, Medicare for All has again come to the forefront of political debate. But what exactly is the senator proposing? Is it simply the expansion … Continue reading
Voting with Your Feet to Serve the Common Good
Editor’s note: This article first appeared at The Institute for Faith, Work & Economics. It’s election season in the U.S., and we are hearing a lot about voting. I saw a public service announcement on television, and a Hollywood actress … Continue reading
Big-Time Big Spenders: How Money Influences Presidential Campaigns
Editor’s note: This article first appeared at the Washington Examiner. Michael Bloomberg is spending loads of money to win the Democratic nomination. Financial disclosures made by the Bloomberg campaign indicated that as of Dec. 31, he had sunk more than … Continue reading
Clarifying the Record: Carter Economy Not Better Than Trump Economy
In a report that unfortunately received a good deal of attention, MSNBC commentator Joe Scarborough asserted that today’s economy under President Trump is in worse shape than the dismal economy under President Carter in 1979. Scarborough pointed to “Jimmy Carter’s so-called year … Continue reading
AOC’s Ravings Against Billionaires
“No one ever makes a billion dollars. You take a billion dollars.” That was the punchline of democratic socialist Rep. Alexandria Ocasio-Cortez in a Martin Luther King Jr. Day public interview with writer Ta-Nehisi Coates. The audience erupted into enthusiastic … Continue reading
Budget Deficit Capitulation: Our Spending Problem
During the week before Christmas, Congress rushed a spending bill into law. Two spending bills were introduced that Monday, a flurry of political horse-trading ensued, numerous pork-barrel favors were hastily added, and–presto–by Friday Congress had approved $1.4 trillion in discretionary … Continue reading
How Martin Luther King, Jr. Changed Hearts
My father was a Presbyterian minister in rural northwest Alabama from 1961 to 1965. I came of age there, then left the University of Alabama with an M.A. in history in 1969. Reverend Martin Luther King, Jr. and Governor George … Continue reading
The Soviet-Afghan War at Forty: The “Shocks of ‘79” and the Coming of the Second Cold War
In the early morning hours of Christmas Day 1979, Soviet forces began invading Afghanistan. The international community was shocked by the intervention; even though Afghanistan had been unstable for some time, most assumed that the Soviet Union would stick to … Continue reading
What’s Wrong with a Tax on Billionaires?
Among the many radical economic plans offered by various Democratic presidential candidates, Senators Bernie Sanders and Elizabeth Warren have proposed an annual wealth tax on billionaires (and other “ultra-rich” Americans). Sanders has bluntly stated, “There should be no billionaires.” These … Continue reading
Division One Athletics: It’s About the Money
During an episode of Lebron James’ online show “The Shop,” California Governor Gavin Newsome signed into law a bill allowing California student athletes to sign endorsements while in college. The NCAA Board of Governors, having studied this issue for years, responded … Continue reading
Minor Legislation with Massive Implications
U.S. Senator Ron Johnson (R-WI) is promoting the “Prevent Government Shutdown Act of 2019.” The goal of the act is to prevent disruptive government shutdowns. Since Sen. Johnson arrived in Washington in 2011, partisan congressional standoffs have led to “three … Continue reading
Is the Federal Reserve Apolitical?
President Donald Trump has had (what else?) a publicly tempestuous relationship with the Federal Reserve System. Fed Chairman Jerome Powell has adhered to the Fed’s official traditional position of being apolitical. Typical of Powell’s statements is the unequivocal assertion, “Political considerations … Continue reading
VIDEO – What Happened When the U.S. First Tried Socialism?
Dr. Burt Folsom, Professor Emeritus and a Distinguished Fellow of Hillsdale College, came to campus to deliver this entertaining and engaging talk to over 100 Grove City College students in September 2019. Folsom is author of the best-selling book “The … Continue reading